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Should come as little surprise that California, land of fruits n nuts, would risk bankruptcy of the nation's largest pension fund at the hands of a Evergreen marxist indoctrinated union hack.

This is a BIG deal FRAUD that taxpayers are on the hook for ever.

1 posted on 09/14/2018 3:21:58 PM PDT by MarchonDC09122009
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To: MarchonDC09122009

“I’ll get right on it.”


2 posted on 09/14/2018 3:26:43 PM PDT by BradyLS (DO NOT FEED THE BEARS!)
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To: MarchonDC09122009

Since when does one need a college degree to balance and or maintain a budget?


3 posted on 09/14/2018 3:28:29 PM PDT by dragnet2 (Diversion and evasion are tools of deceit)
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To: MarchonDC09122009

Nothing that happens in CA is a surprise anymore. The place is like a humongus wasteland.

I truly feel sorry for the FReepers that still live there.


4 posted on 09/14/2018 3:29:37 PM PDT by upchuck (As we head to the midterms, please (re)read Confessions of Congressman X - tinyurl.com/congressmanx)
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To: MarchonDC09122009

Reached for comment, Jerry Brown said this was a big problem.

He promised to get right on it next January.


5 posted on 09/14/2018 3:29:37 PM PDT by DoughtyOne (01/26/18 DJIA 30 stocks $26,616.71 48.794% > open 11/07/16 215.71 from 5De0% increase 1.2183 yrs)
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To: MarchonDC09122009

Reached for comment, Jerry Brown said this was a big problem.

He promised to get right on it next January.

Okay! Okay!

/s /s /s /s /s


6 posted on 09/14/2018 3:29:58 PM PDT by DoughtyOne (01/26/18 DJIA 30 stocks $26,616.71 48.794% > open 11/07/16 215.71 from 5De0% increase 1.2183 yrs)
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To: MarchonDC09122009
The Evergreen State College in Olympia

Evergreen College ??? Well, they have plenty of openings Enrollment iw way down.

The snowflake college where you can design your own curriculum

10 posted on 09/14/2018 3:33:37 PM PDT by Freee-dame (Best election ever!)
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To: MarchonDC09122009

I assume she has the required licenses and certifications, but in the formerly Golden State that requirement might not be PC, so...

If she had an impressive, and audited, track record in managing money, that would be superior to a college degree, especially with what passes for education in college these days.

Still, something doesn’t pass the smell test.


12 posted on 09/14/2018 3:39:13 PM PDT by MichaelCorleone (Jesus Christ is not a religion. He's the Truth.)
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To: MarchonDC09122009
Re: Evergreen State College

Evergreen is the college that required white students to stay off campus during their annual anti-racist event called “Day of Absence.”

Enrollment has collapsed at Evergreen, but who cares?

Washington state taxpayers still pay all the bills.

17 posted on 09/14/2018 3:45:48 PM PDT by zeestephen
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To: MarchonDC09122009

No surprise. The CA public employees pension fund which includes just about every state, county and city employee in California has been a disaster for years. The public unions have a major amount of control over where pension funds get invested, and it came out quite a few years ago that numerous investments were being made that were far from being prudent, and they had resulted in major losses at CALPERS.


18 posted on 09/14/2018 3:50:47 PM PDT by CdMGuy
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To: MarchonDC09122009
and yet, they want you to have a degree to be a coffee jerk at $tarsucks...
19 posted on 09/14/2018 3:53:11 PM PDT by Chode ( WeÂ’re America, Bitch!)
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To: MarchonDC09122009

Wondering if California bosses needed a fall guy? Because everyone knows the state’s pension system is going broke. Not to cast doubt on the knowledge or expertise of this fall gal though. Neither she nor Mr. MBA can save a failing system.


21 posted on 09/14/2018 3:54:51 PM PDT by The Westerner (Protect the most vulnerable: get the government out of medicine, education and forests!)
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To: MarchonDC09122009

“Frost says she still intends to obtain a degree.”

mail order?


22 posted on 09/14/2018 4:00:05 PM PDT by plain talk
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To: MarchonDC09122009
This woman became CEO of CALPERS 2016 but they've been shelling out more than they take in for years. So the question is what's her get well plan.


23 posted on 09/14/2018 4:01:58 PM PDT by Menehune56 ("Let them hate so long as they fear" (Oderint Dum Metuant), Lucius Accius (170 BC - 86 BC))
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To: MarchonDC09122009

I’m pretty sure Bill Gates doesn’t have a degree, and he did OK.

There are several billionaires without college degrees.

https://www.businessinsider.com/the-15-richest-people-without-college-degrees-2010-11

A college degree is WAY overrated. Many companies have dropped the requirement for many positions which once required them.

In fact, some of the stupidest people I ever met had degrees.


25 posted on 09/14/2018 4:05:12 PM PDT by Mariner (War Criminal #18)
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To: MarchonDC09122009

It’s possible she could be CEO in a managerial sense, but have nothing to do with the actual investment selection and management.


26 posted on 09/14/2018 4:12:43 PM PDT by Pearls Before Swine ("It's always a party when you're eating the seed corn.")
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To: MarchonDC09122009

Why is everyone assuming she is the one making investment choices. She is CEO and her job is probably just to collect a big check.


27 posted on 09/14/2018 4:13:08 PM PDT by pas
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To: MarchonDC09122009

Seems to me as if that was admitting up front that she didn’t have said degree.

And it’s not like she’s engineering bridges.


28 posted on 09/14/2018 4:23:40 PM PDT by 9YearLurker
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Evergreen State is far-out school that is falling apart due to their far, far left practices. Not a good background for the head of a huge pension fund.


31 posted on 09/14/2018 4:27:21 PM PDT by David in Cal
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To: MarchonDC09122009

And the CA PUC Public Utilities Commission is about 6 people, perhaps 4 have Bach degrees, and 2 of them, none. They set electrical rates for everyone in the entire state.


32 posted on 09/14/2018 4:43:20 PM PDT by Attention Surplus Disorder (Apoplectic is where we want them)
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To: MarchonDC09122009

Better to have no degree than a degree from Evergreen State.


34 posted on 09/14/2018 5:08:35 PM PDT by chuckee (extended beyond the time)
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